special relief

Demand for SRF by Small and Medium Enterprises (SMEs) was so encouraging that the initial allocation of RM5 billion was insufficient.

The amount was an increase from RM1.5 billion extended to 3,363 SMEs until April 26.

The government is allocating RM5 billion under the SRF to provide relief assistance to small and medium enterprises (SMEs) affected by COVID-19.

The facilities are the RM5 billion Special Relief Facility, RM1 billion Agrofood Facility and RM300 million SME Automation and Digitalisation Facility.

The group is also offering a Special Relief Facility comprising financing of up to RM1 million to SMEs which have been adversely affected by the COVID-19.

The COVID-19 outbreak in Malaysia has affected the money changing business, said Penang Muslim Jewellers and Money Changers Association deputy president Munower Sadiq.

According to the guidelines, after conducting a body temperature scan on an officer, the department head can direct any COVID-19 suspected officer to undergo tests and further action.

The facility is available to affected SMEs in flood disaster areas defined by the National Security Council and Prime Minister's Department.

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